Virtue of Selfish Investing members who acted on our reports and bought and pyramided silver and gold in 2011 have done well this year, despite 2011 being a highly volatile, mostly trendless, thus highly challenging market year.
That said, the Market Direction Model continues to well outperform the major averages by buying our recommended ETFs on a buy signal and inverse ETFs on a sell signal.
2011 market timing results: +44.4% (as of August 18, 2011) using 3-times ETF TYH with no leverage (100% long on buy signal, 100% short on sell signal) vs. NASDAQ Composite -10.3%. For our more conservative members, those who opted to only use 1-times ETFs such as QQQ/PSQ still are up an average of +13.8% in 2011 vs NASDAQ Composite -10.3%.
Go here for results (up to two months delay for non-members): https://www.virtueofselfishinvesting.com/results
2010 market timing results: +83.8% using 3-times ETF, no leverage
2009 market timing results: +118.3% using 3-times ETF, no leverage
2008 market timing results: +38.8% using 1-times ETF, no leverage
Given current market conditions, expect a continued period of very high volatility. Conservative members may wish to keep stops tight to protect profits, while others may give the market more room to move around, thus may prefer to wait for the next change in the model's signal.